Latest cybersecurity reporting from selected sources.

Booz Allen Loses Treasury Work in Move Tied to Trump Waste CrackdownThe U.S. Department of Treasury said it canceled all active contracts with Booz Allen Hamilton, citing data protection failures in handling taxpayer information. Treasury cited a criminal case against Charles Littlejohn, a former employee who leaked the tax returns of President Donald Trump.

Also: A $40M Block Penalty, US SEC Guidance on Crypto LawsThis week, a KiloEx exploit, Block fined $40M, U.S. Securities and Exchange Commission guidance on crypto laws, Senate Democrats slammed NCET disbandment, $4.3M scam disrupted, guilty plea in $3.3M tax evasion and a South Korea ban on crypto apps.

Also, BianLian Ransomware Hackers Aren't Really Mailing YouThis week, the U.S. sanctioned the Nemesis admin, Poco RAT spotted in Latin America, Apple challenged a British order to weaken encryption and the FBI warned against scam letters purportedly from BianLian. Also, a Nigerian tax scammer extradited to the U.S., a new botnet and a Webex vulnerability.

NSTAC Report Calls for Federal Cybersecurity Tax Deductions and Financial GrantsThe National Security Telecommunications Advisory Committee is recommending the administration work to establish financial incentives, such as tax deductions and federal grants, for critical infrastructure owners and operators that implement enhanced cybersecurity standards.